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Saturday, September 25, 2021

Police kick as Ogun banks pack up in Ijebu over robbers’ ‘notice of attack

 Ogun state police command has kicked as commercials banks in Ijebu-Ode area of the state refused to open for business over fear of being attacked by armed robbers.


Our corresponnet gathered that the banks have since Monday down tools following letters allegedly sent to a number of them by suspected robbers.


It was further gathered that the fear of the bankers weren't unconnected with the way a number of the banks were robbed some years ago, resulting in loss of lives .


The banks have insisted on not opening their branches except the Ogun government assist the police with armoured personnel carriers to be mounted on the brink of their branches.


Some residents of Ijebu-Ode who pleaded anonymity said many had been travelling to places like Sagamu, Abeokuta et al. to deposit or withdraw money.


A Point-of-Sale operator lamented that the event portends “great danger” for him et al. within the business in Ijebu-Ode.


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“We withdraw money from banks to pay our customers and that we also deposit within the bank once we have large sums of cash in our kitty.



“If the banks aren't opening, it'll negatively affect us. In fact, it's affecting me already. I’ve been getting to Sagamu to form withdrawals. It is bad.”


When contacted, the State PR Officer, Abimbola Oyeyemi confirmed the event .


Oyeyemi said the bankers were just entertaining fear where there's none.


He said, ” I don’t see any reason for that action . Honestly , there's no reason for it in the least . The police called them and assure them of their safety. The police are posted everywhere. They saw the presence of the police. they're now claiming that the Armoured Personnel Carirer there has fault. Even, if Armoured military vehicle has fault, is it not the police which will still operate it ?”



I didn’t realise how far I’ve come till I left Nigeria, says Tems

Tems
Fast-rising Nigerian singer, Temilade Openiyi, popularly referred to as Tems, said that she didn’t realise how far she had come till she left Nigeria.


She said this via her verified Instagram page on Saturday, as she celebrated the one year anniversary of her debut EP For Broken Ears

Tems wrote, “GANG, It’s one year of For Broken Ears today. Really seems like ages ago. I cannot tell it all what the foremost High has finished me. Turned me into a trailblazer.

“Though we are all mad, I even have decided to not disguise anymore. I didn’t realise just how far I even have come till I left home. Nigeria does that to you.

READ ALSO:

“I pray we all see the facility we've but we’re only too busy disguising. No more. I enter the door with my full chest.

If you're seeing this, own your madness. And let your light shine. many thanks for the abundance of affection . I appreciate you GANG.”

This comes a couple of days after Tems met with global superstar Rihanna at l. a. within the us .

Tems gained international recognition for featuring in Wizkid’s groundbreaking song, “Essence”, which gained major success within the Made in Lagos album.

Garnering the eye of yank stars like Snoop Dogg and Kylie Jenner, “Essence” became fashionable the American audience earlier this year.

The remixed version of the song featured Canadian popstar, Justin Bieber, who tagged it as, ‘song of the summer.’

Anambra poll: Debtors, forged certificate holders can’t be gov, says Soludo

The governorship candidate of the All Progressives Grand Alliance within the November 6 poll in Anambra State, Prof Chukwuma Soludo, has unveiled his manifesto.

The former Governor of the financial institution , who presented his his contract with the people of the state if elected at the Dr Alex Ekwueme Square in Awka, the capital on Saturday, said no candidate within the race was his match.

He said his target was to satisfy the a million votes mark within the election.

READ MORE:

He said, “I thank APGA for the ticket it gave me on Midsummer Eve , and therefore the over 50 support groups who for years continued to clamour on behalf of me to aspire for the governorship position.

“They are demanding on behalf of me to return and run, a number of them are people across party lines, and a few who aren't even politicians are calling me and saying that after the tenure of Governor Willie Obiano, the simplest thing which will happen to Anambra is on behalf of me to return and continue. Anambra people want APGA to continue.

“We will compete and contest for each vote and that we won't take your votes without any consideration . Our target is to succeed in the one million-vote mark. There are people that know that albeit they carry a gun, Anambra people won't vote for them. they're carrying money around and buying expired politicians.

“Anambra is APGA, and APGA is Anambra. Anambra isn't Imo. they assert they need to attach us to the centre, and it's idiocy for them to speak about getting to the centre because I’m already within the centre. I serve during this government (federal), so once they mention getting to centre, they're talking about coming to satisfy us. I’m already at the centre and that i enter and out of Aso Rock, so once they mention getting to the centre, they're coming to satisfy me, because I’m there already.”

NEWSBuhari Departs ny For Nigeria [Photos]

President Muhammadu Buhari on Saturday departed ny for Nigeria’s capital, Abuja.

The President arrived the us last Sunday before the 76th United Nations General Assembly, held at the planet body’s headquarters.

He is expected to arrive Nigeria on Monday.

Buhari on Friday spoke to world leaders within the morning session on the theme of the Assembly and other global issues.

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The theme for the 76th session is, “Building Resilience Through Hope – To get over COVID-19, Rebuild Sustainably, answer the requirements of the earth , Respect the Rights of individuals and Revitalise the United Nation’’.

Buhari also had held bilateral meetings with variety of world leaders, delegations and heads of International Development organisations.

The Nigerian leader met with the President of Burundi, Evariste Ndayishimiye, held meeting with Nigeria’s Ngozi Okonjo-Iweala, Director-General of the planet Trade Organisation and also attended the UN Food Systems Summit.

He also held a bilateral meeting together with her Majesty, Maxima Zorreguieta, Queen of Netherlands and took part at hybrid High-Level event, tagged “Transformative Actions for Nature and People”.

See Photos:

President Muhammad Buhari




China bans all cryptocurrency, deems transactions illegal

 China's financial institution has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to dam use of unofficial digital money.

Friday's notice complained Bitcoin, Ethereum and other digital currencies disrupt the economic system and are utilized in money-laundering and other crimes.

"Virtual currency derivative transactions are all illegal financial activities and are strictly prohibited," the People's Bank of China said on its website.

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The price of Bitcoin fell quite 9 percent per cent, to US$41,085, within the hours after the announcement, as did most other crypto tokens. Ethereum skidded almost 10 per cent, falling from US$3100 to around US$2800.

Chinese banks were banned from handling cryptocurrencies in 2013, but the govt issued a reminder this year. That reflected official concern cryptocurrency mining and trading might still be happening or the state-run economic system could be indirectly exposed to risks.

READ MORE:

Promoters of cryptocurrencies say they permit anonymity and adaptability , but Chinese regulators worry they could weaken the ruling Communist Party's control over the economic system and say they could help to hide criminal activity.

The People's Bank of China is developing an electronic version of the country's yuan for cashless transactions which will be tracked and controlled by Beijing.

Regulators in other countries have increasingly warned that cryptocurrencies need greater oversight. In the US, Gary Gensler, the chairman of the Securities and Exchange Commission, has said that investors need more protection within the cryptocurrency market, which he called "rife with fraud, scams and abuse" and compared to the "Wild West."

The SEC has won dozens of cases against crypto fraudsters, but Mr Gensler says the agency needs Congress to offer it more authority and funding to adequately regulate the market.

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Regulators in China have also been trying to rein in cryptocurrency mining, an energy-intensive process whereby specialised computers generate digital currencies. As a result, miners are moving operations out of China.

Two years ago, China alone accounted for around three-quarters of all the electricity used for crypto mining, far and away the foremost within the world, consistent with the Cambridge Bitcoin Electricity Consumption index. By April of this year, before the newest crackdown, China's share had fallen back to 46 per cent. that also towers over the No. 2 country, the us , at but 17 per cent.

Friday, September 3, 2021

Naira At All-time Low Under Buhari Government, Sinks To 530 Against Dollar, Pound Hits N720

The Nigerian currency, naira has hit an all-time low after exchanging for N530 against the dollar, at the parallel market on Thursday.

The local currency, which stood at 526/$1 on Tuesday, fell to 530/$1 at the parallel market on Thursday from 528/$1 on Wednesday.

The naira dipped to 720 against the pound at the parallel market from 717/£1 on Wednesday, while the euro rose to N620 from N616 on Wednesday.

At the I&E window, the naira weakened further to 411.67/$1 on Thursday from 411.50/$1 on Wednesday, according to FMDQ Group.

No less than 55 per cent to 60 per cent of Nigerian forex transactions are traded at this window, which is used by the CBN and most exporters and investors, according to Financial Derivatives Company (FDC) Limited.

“It serves as not only a source of price discovery but also a barometer for measuring potential and actual CBN intervention in the market. Some of the exchange rate determinants are balance of payments, capital inflows and trade balance,” the FDC said.

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Driver forced to jump from burning car after engine fault

A driver was forced to flee her burning car when the Toyota Corolla erupted in flames during Adelaide's morning commute.

The car ignited on Marion Road, South Plympton just after 7.30am, with the woman forced to pull over into a carpark and jump clear as witnesses rushed over to check on her and help try and put the fire out.

READ MORE: Boat repair ignites fire at Adelaide home: 'It was a massive fireball'

South Plympton car fire

READ MORE: Garage erupts in flames from scooter battery spark

"The flames grew and the fire got bigger and a couple of popped tyres with the young fella hanging over the fence trying to put it out, was a bit scary," witness Steve Troy told 9News.

Firefighters arrived a short time later and extinguished the flames.

An engine fault is believed to be the cause of the fire and the car was completely destroyed.